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Search Results 0 to 15 of about 16 (some duplicates have been removed)
starbucks in china and the u.s. within two years. "overall, there's going to be coffee available. that'll help you on pricing, so it might be a good time to be expanding." starbucks' expansion plans aren't only meared number of shops. in the last 12 months, its acquired juice company evolution fresh, bakery la boulange, and is about to finalize acquisition of tea company teavanna. tensions remain high in michigan's capitol city, where legislation is about to be passed that could weaken the power of unions. protestors are furious. republican lawmakers moved quickly last week to enact "right to work legislation," allowing workers at unionized companies not to pay dues to the union, which reduces bargaining power right in the uaw's own back yard. the measure has already been approved by both chambers of michigan's legislature, and final enactment could take place tomorrow. republican governor rick snyder supports the legislation. if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california shipping port are over, but concerns of outsourcing p
aren't you shopping? i question your patriotism. >> i bought enough stuff from china and thrown it away already. >> right now for valentine's day shopping we have to solve that long beach strike. >> clerical workers. >> you can't get things i want to start shopping for for valentine's day the moment christmas and hanukkah is over. you have to start shopping for the next day. that will be constrained because of the port strike. >>> when we come back, house majority whip kevin mccarthy did sign this offer from the gop. can he convince the white house to back the republican solution to the fiscal cliff? one more look at futures on a tuesday morning as melissa said. not a lot of data today. just wait until the next three days. it all starts with adp, jobs coming up later this week. more "squawk on the street" back in a minute. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy
think the world will look like. it's fascinating. it shows china on the rise, the west in decline and china overtaking the united states in size of economy by the year 2030. here are the key findings of the new intel report. it's interesting reading. a majority of the world's population by 2030 will be out of poverty for the first time in world history. there will be wars over food and water and natural resores. populations will continue to rise and there will be recurring global economic crises but when you think about this, you think about how far we're going here. you've got asia, china in particular will be dominant. it will be stronger than its been anytime since middleages. there will be no more pax americana as its known. china will be a big driver and india will be growing like china is today. they talk about how the world is changing. it's like no other time since the french revolution. remember in the late 18th century, the industrial revolution, except it's happening more quickly. it's taking a tenth of the time for china and asia to rise quickly. let me read to you som
a big rally in china extending one of its biggest rallies in three years. we have a mixed bag in europe with italy up by about .2 of 1%. >> we'll do our best to keep focused on the business day. we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionaires. could this be the tipping point. moving the talks beyond deadlock. >> a big week for earnings. yes, earnings. fedex, research in motion among the companies reporting. so finally maybe we'll be talking about fundamentals in the stock market more than just the cliff. we've got to talk about apple reversin
to pyongyang. press articles hail the fact that china in anticipation of the recent launch had begun inspecting cargo on north korean ships in search of contraband. the question this raises is why has chi gnat not been inspecting north korean ships since 2006 as called for in a u.n. resolution, reinforced by another resolution in 2009. if u.n. member states would only enforce the sanctions currently on the books, north korea would be unable to ignore the swer national community and the civilized world. the time for coordinated international action is now. the time, in fact, is long overdue. with that, mr. speakering i reserve the balance of our time. the speaker pro tempore: the squom from florida reserves. the gentleman from california, mr. berman is recognized. mr. berman: thank you, mr. speaker. i rise in strong support of h.con.res. 145 as amended and yield myself such time as i may consume. sproy the gentleman is recognized. mr. berman: i would like to thank the sponsor of this legislation, ms. ros-lehtinen, for her leadership on this issue and her work in addressing the north korean threa
transportation. i'm concerned about education. i'm concerned about cutting in all of these areas that make china -- give china a bigger advantage as we move forward that give our global competitors a bigger advantage. that's what really concerns me. >> two quick observations. if you're in business and you're told we've got to make changes at our budget and you look at 6%, 15% of your budget, 9% of your budget, you've got to make cuts, you look at the 60% first and say where can we make manufacture she's cuts. talk about not endangering our ability to compete and win going forward, you don't want to cut those areas as steve has talked about eloquently many times, there are advantages which means you have to look at entitlements. and i think to michael's point, i think there's credit to that. two, i like the fact that boehner now is in a stronger position with his caucus because if indeed they find a deal, that means he can win a majority of his people over. i like the fact that nancy pelosi's in a strong position with her caucus. so the pieces are not only coming together substantively, they're c
there that could be laying the ground work for strategic help for rebel groups. also for russia and iran and china and other countries that support the assad regime to perhaps distance themselves a little bit from the syrian president. we have all those reasons that are coming -- that are like the pieces of the puzzle. you make it out. is the threat of chemical weapons being used against the syrians an imminent threat? you have a lot of opinions out there that that's not the case right now. >> good balanced approach. we like that. a lot of people just kind of beating the drums here. want to get the other side as well. thank you, paula. >>> seran is the onlying nerve gas we've been talking about so far in sear yashgs but they -- >> military analysts believe that syria may have one of the most extensive chemical weapons stockpiles in the world spread through production and storage facilities throughout the country. this, they say, is a result of an aggressive development program started in the 1980s, aided by the russians and the iranians, and has been cause for concern before. not only because the
taken offline. >>> video from shanghai china shows a giant shark tank at a shopping mall -- wow -- suddenly shatters spectators swept away as the water spills out. 16 people were hurt there, some were cut by the flying glass. three sharks were killed in the incident. it's believed that glass fell apart because it was too old. >> yikes. >> unbelievable. >> they're going to have to go back and get a new hot pretzel. >> how do you get sharks in a mall? okay. >> i can't answer that question. i hope someone can. >> get into >>> the widow of slain army ranger pat tillman is speaking out in a rare interview. marie tillman tells jeff glor about the private side of her late husband that we never knew and her surprising second chance at love. you're watching "cbs this morning." love. you're watching "cbs this morning." [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ br
to taiwan and china in october and the buzz around windows 8 fell off a cliff from the june time period. so there's a lot of enthusiasm in june at the show in taipei. and by october, there was no enthusiasm. so i think a lot of the momentum had been lost and a lot of companies told me, look, it's really a second half of 2013 story. >> so what does that mean, not only for microsoft were but for the hardwaremaker? are being buying products from dell and the like and buying the windows 7 version or are they turning to google and mac? what's happening? >> more and more consumers are turning to smartphones and tablet devices and i think a lot of the hardware vendors are saying, you know what? when we do a refresh, let's wait until a year out, second half of 2013. it's probably not worth the investment today, especially with a lot of aggressive tablets coming out, including the ipad mini. so, you know, that -- i think they were planning on doing a more aggressive ramp, probably around ultra book with windows 8. and then they decided to delay it until next year. >> look out a little bit into 2013
vacuum cleaner. thus providing exporters -- germany, japan, or china -- with the requisite demand necessary. so, the ever expanding trade deficit was not an accident. it was a very clever way of replacing one that surplus recycling system with another. it was one where america had a surplus and america decided instead of doing what germany is doing at the moment -- which is cutting its nose to spite its face, and thereby ending the recession by cutting, cutting, -- entering into recession because they are imposing austerity on themselves, cutting -- volcker as the head of the fed at a different idea. we are going to expand our dominance and are well by expanding our deficit and using our deficits to provide the rest of the world with the demand which is necessary to grow their economies, even at the expense of hours. and who is going to pay for the deficit? if i have an ever-expanding deficit, the bank tells me it is came over. but if you are the united states of america and there are certain other factors that i will touch upon later, what you can do is you can expand your defici
secure. david: they are doing gangbusters in china as well, the samsung galaxy is far outpacing the iphone 5 right now. >> what rimm has going for it is they do have 78 million subscribers and they are known for the security. they are known for a compression technologies that make the web surfing faster. if the user experience of blackberry 10 and developers don't get excited about the next platform, then they are toast. david: one thing they have surprised me about iphone or about apple in general, is they haven't taken advantage of the problems that rimm has to get into the business market. they are so focused on getting the new jazzy thing for the consumer, rather than the business user, that they haven't tried to invade that market. does that surprise you? >> yes, to a certain degree. i think mostly on the ipad they are making a lot more inroads than they are with the iphone. iphone is sort of still a back door sort of deployment. i think once -- sort of microsoft might wind up helping apple in the sense that a lot of people think they are developing office for ios. if that comes
the currency is faring today against the u.s. dollar. [ male announcer ] how can power consumption in china, impact wool exports from n zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understandhe connections of a complex, global economy. it's ju one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort dsn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means.s...fish on! symbicort is for copd including chronic bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase yo
computer. the hackers are likely from china and that while admiral mullens' personal e-mail account has been compromised, aides insist no classified information is stored or viewed on those particular computers. >>> she was playing a part in a high school play, but the real star of the show was waiting in the wings. you got to love these stories. her dad, u.s. airman, returning home from war to surprise his gal. >> oh! [ applause ] [ cheers and applause ] >> gretchen: well, the girl's mom says there was not a dry eye in the room, including myself. >> steve: no kidding. merry christmas. meanwhile, lawmakers rushing to avoid the so-called fiscal cliff at the end of this month. a series of tax cuts and spending cuts set to kick in just 26 shopping days until the fiscal cliff. >> brian: less working days. >> steve: that's right. house republicans say there will be no deal if tax ritz go up and the obama administration says it's ready to go thelma and louise style over the cliff on january 1. if that's the case, wendell goler live at the white house with what we know is going on behind the s
to handle manufactured goods from china. it's also the largest port on the east coast. now, last year this port handled $208 billion in cargo. we're talking about products like furniture and also apparel. in 2002, we saw a west coast port lockout. estimates suggest that that cost the economy $1 billion a day. and as with the fiscal cliff, there's a political angle with the container cliff as well. business groups are asking president obama to use his emergency powers under taft hartley to prevent a strike. president bush did that back about ten years ago. while a strike will cause major disruptions, there are alternatives for transporting goods, rail and also air are options, but of course those options are not cheap. >> back in november, our members started putting contingency plans into place. the options were either divert containers to west coast ports, bring merchandise in earlier, use canada or mexico, or use air freight. but all of those come at a significant cost as well. >> now, the deadline is 12:01 tomorrow night. and i think it's safe to say that retailers are hoping we co
Search Results 0 to 15 of about 16 (some duplicates have been removed)

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